I'm plenty sceptical still.
I'm not convinced this kind of architecture can beat a specialized GPU esign on their home turf. There are probably areas within GPGPU where it'll rock, but I don't think it can beat AMD or Nvidia on graphics on either raw performance, performance / watt or performance / mm^2.
One also has to keep in mind that Intel wasn't first at attempting this. Sony's original plan for PS3 was for it to not have any GPU, but the SPUs would do the graphics. It ended up shipping with a traditional GPU.